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Egypt’s MNHD reports a net profit of EGP 1.1 bn in 2018
EARNINGS WATCH- MNHD reports a net profit of EGP 1.11 bn in 2018: Madinet Nasr Housing & Development (MNHD) reported…
Egypt’s oil ministry is talking up Red Sea natgas prospects ahead of new contract terms, E&P bid round
The oil ministry is talking up Red Sea natgas prospects ahead of new contract terms, E&P bid round: Data from…
UAE’s ENOC to launch Egypt-based facility to produce lubricating oil
INVESTMENT WATCH- UAE oil company ENOC has signed a JV agreement with Proserv Egypt to set up ENOC Misr, its…
ICMI looking to expand amid EGX listing plans
M&A WATCH- Healthcare outfit ICMI to increase stake in two companies as it eyes EGX listing: The International Company For…
AIND agrees to UE Finance buyout
M&A WATCH- AIND agrees to buyout UE Finance: Arabia Investment, Development and Financial Investment Holding Company (AIND) has agreed to…
Algebra on board to make further investments in GoodsMart
INVESTMENT WATCH- Household shopping service GoodsMart has secured additional funding from Algebra Ventures: Our friends at Algebra Ventures have made…
Arqaam, Exotix see further interest rate cuts in 2019, but keep your eye on the FX rate
Arqaam, Exotix see further interest rate cuts in 2019: Analysts are not making the rounds unpacking the central bank’s surprise…
Final contracts for Egypt’s Hamrawein coal project to be signed mid-2019
Final contracts for Hamrawein ‘clean coal’ project to be signed mid-2019: The Chinese company constructing the 6 GW Hamrawein ‘clean…
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